Understanding Carbon and Sustainability
Explore the categories below to understand the foundations of carbon intelligence, supplier sustainability and ESG. Contact us if your question is not covered.
General Questions
What services does Balancing Carbon provide?
Balancing Carbon provides Carbon Intelligence, Supplier Intelligence and ESG & Sustainability services. These include carbon accounting, footprint reporting, net-zero roadmaps, supplier assessments, ESG readiness and sustainability reporting.
Which organisations can use these services?
The services are intended for organisations seeking to understand emissions, respond to customer or supplier requests, improve sustainability reporting or build structured carbon and ESG programmes.
How does an engagement begin?
An engagement begins by understanding your organisation, current information, stakeholder requirements and desired outcomes. The appropriate scope can then be defined.
Carbon Intelligence
What is carbon accounting?
Carbon accounting is the process of measuring and categorising an organisation’s greenhouse-gas emissions across its operations and value chain.
What are Scope 1 emissions?
Scope 1 includes direct emissions from sources owned or controlled by the organisation, such as fuel used in facilities, company vehicles and certain manufacturing processes.
What are Scope 2 emissions?
Scope 2 includes indirect emissions associated with purchased electricity, heating, cooling or steam consumed by the organisation.
What are Scope 3 emissions?
Scope 3 includes other indirect emissions across the upstream and downstream value chain. Examples include purchased goods, transportation, business travel, employee commuting and product use.
What is a carbon footprint report?
A carbon footprint report summarises greenhouse-gas emissions for a defined organisation, activity, product or reporting period. The exact boundary and methodology should be established before measurement.
What is a net-zero roadmap?
A net-zero roadmap identifies the organisation’s emissions baseline, relevant reduction priorities, proposed actions and a structure for monitoring progress over time.
Supplier Intelligence
What is supplier sustainability assessment?
A supplier sustainability assessment reviews relevant environmental, social and governance information to understand supplier readiness, risks and improvement opportunities.
What is OEM supplier readiness?
OEM supplier readiness focuses on helping suppliers understand and prepare for sustainability information or reporting requests from original equipment manufacturers and other customers.
Why is supplier information important?
Supplier information can improve visibility across the value chain and support Scope 3 measurement, customer reporting, risk assessment and sustainability improvement planning.
Can suppliers be supported with customer reporting?
Supplier Intelligence includes customer reporting support to help organisations understand, organise and respond to relevant sustainability information requests.
ESG & Sustainability
What does ESG stand for?
ESG stands for Environmental, Social and Governance. These areas help organisations understand and communicate sustainability-related practices, risks and performance.
What is ESG readiness?
ESG readiness evaluates whether an organisation has the information, responsibilities, processes and reporting structure needed to address relevant ESG requirements.
What is sustainability reporting?
Sustainability reporting communicates relevant environmental, social and governance information to stakeholders. Its content depends on the organisation’s reporting objectives and applicable requirements.
What is an ESG performance dashboard?
An ESG performance dashboard organises selected sustainability information into a clear visual format to help monitor indicators, identify gaps and communicate progress.
Let’s Discuss Your Requirements.
Contact Balancing Carbon to discuss your carbon, supplier or ESG sustainability questions.